Government payroll cards

Banque Misr possessed the best payroll
services in accordance with the Ministry of Finance’s system, through issuing
smart-chip Visa and Mastercard payroll cards. This resulted in Banque Misr
becoming the leading Egyptian bank in the market for the automation of
government payrolls, with 48% of the total market share, for the second year in
a row. As such, the bank is offering a number of benefits for entering the
bank’s payroll system, including:
1. For
employees on payroll:
Purchases and
withdrawals with the payroll card
- Employees do not incur charges when salaries are
transferred
- The card is issued for free and does not incur fees
- A free mini-statement is issued through Banque Misr ATMs
- Purchases can be made in retail stores with POS, whether
in Egypt or abroad, using the available credit without any commission or
surcharge
- Cash withdrawal and inquiry services through Banque Misr
ATMs, without any additional fees, 24 hours a day, every day
- Cash withdrawal and inquiry services from all ATMs
associated with other banks in accordance with the set fees
- Cash withdrawals while abroad in the local currency of
the destination country
Fawry services
for bill payments:
- Payment of mobile phone bills and prepaid credit for all
networks
- Payment of Telecom Egypt bills
- Payment of internet bills (Link - TE Data)
- Payment of electricity bills
- Payment of water bills (Drinking Water and Sanitation
Company in Giza, Red Sea Water Company)
- Various insurance payments (Egyptian Takaful Insurance,
Allianz Life Insurance)
- Donations to major charity foundations (57357 Hospital,
Food Bank, Resala Association, Misr El-Kheir Foundation, Al-Shifa Bank, Magdi
Yacoub Foundation)
- Flight ticket payments (EgyptAir, Air Cairo)
- Payment of American Chamber of Commerce subscriptions
Retail banking
services:
- Personal loans with the lowest interest rates and longest
maturation periods
- Car loans
- Durable goods loans
- Credit cards
- Insurance services for individuals
- Loans for club subscriptions
Unconventional
services:
- Withdrawal from any branch of the bank nationwide in the
event of card loss
- Issuing an alternative PIN code from any branch of the
bank without referring to the commissioner
- Finding PIN attempts from any bank branch
- Emergency salary payment service
2. For
the employing entity:
- Contracting is undertaken centrally with the government
entity without the need to launch accounts for employees individually
- Salary transfers for all employees nationwide through one
file, with all salaries dispensed simultaneously
- No risk of transporting cash to the workplace
- Avoiding the risk of storing cash in the workplace until
all salaries are dispensed
- Secure financial transactions, where all cash
transactions require a PIN number
- Saving time and effort for the procedures required to
dispense salaries
- Cards can be filled more than once a month (salaries,
incentives, bonuses) without any additional charges
Fees and charges
- The card is issued for free the first time
- EGP 10 charge for issuing a new card after damage
- EGP 3 charge for a new PIN number
- Withdrawal and inquiry service charges, whether from
Banque Misr ATMs
- Withdrawal and inquiry service charges from ATMs with the
123 logo are in accordance with the pricing rates of the national network of
banks
For more information:
* Banque Misr reserves
the right to change any of the aforementioned information without prior
notification.